Union Pacific Railroad Looks to Add Five New Hubs

By Stephen Nakrosis

Union Pacific Railroad said on Tuesday it will add five hubs that will allow its customers to boost their access to the company's rail lines and services.

The company already operates 32 Focus Sites, large-scale developments where warehouse or industrial facilities can be constructed by customers. Those locations lets Union Pacific work more closely with customers to concentrate resources, manage logistics and provide targeted services, the company said.

The five new sites, which have a combined total of 15,000 acres, are located in Oklahoma, Utah and Texas.

The railroad also said it provides a Site Solutions Tool, which has more 6,000 properties available for development that are located within 800 meters of its rail lines.

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(END) Dow Jones Newswires

07-02-24 1624ET